Historically, investors have been drawn to Russia in search of three main assets: natural resources, new markets and efficiency.
Thousands of Russian investment projects forwarded annually to the world community contained, as a rule, merely business ideas.
Foreign investments in Russia became possible in the former USSR in 1987 when the legislation on joint ventures was first introduced. Foreign investment in Russia introduced the equal treatment principle for the foreign investors and domestic businesses. Nevertheless in all the Russian regions some preferences were introduced for foreign investors in order to attract new facilities.
The total foreign investment in Russia in the non-financial sector of the Russian economy amounted to some USD 11 billion in 2000, which is 14.6% higher than in 1999. As of 1 January 2001, the accumulated foreign capital in the economy of the Russian Federation amounted to about USD 32 billion.
The present stage of development of transnational capital is characterised by changes in its all system. The globalisation meaning strengthening of interrelation of various fields of activity in transnational capital becomes its essential feature. The market in Russia, as well as some other markets in the world, is now considered by many experts to be one of the most perspective. When developing Russian market, the representatives of business structures have to choose the most effective organizational forms of transnational capital from those possible in Russia taking into account all objective and subjective factors.
Among a variety of organizational forms of the transnational capital in Russia it is possible to distinguish three groups: organizational forms of transnational capital with establishing their legal status in Russia, i.e. setting up a legal entity (the company with foreign investments); organizational forms of transnational capital with establishing their tax status, without setting up a legal entity (Representations and Branches of foreign legal entities); the organizational forms of transnational capital based on contracts.
The companies with foreign investments can be established as a new firm in accordance with Russian legislation (independently — the enterprises, 100% belonging to the foreign investor, or with the local partner — joint ventures), or by share acquisition in the already existing Russian firm or adjoining of such firm. The businesses may also be set up as affiliated or dependent company. When setting up business foreign investors can control the market in the capital investments territory. Company with foreign investments and a foreign investor have a legal protection, guarantees and benefits according to Federal Law "About foreign investment into the Russian Federation".
International corporation "DIGESTA" was established to assist its founders in realization of their professional (legal) activity directed on rendering legal services and achievement of client's goals in the country and around the world.
Our corporation has representations in St.-Petersburg and Moscow.
The company structure includes four basic departments: department of consulting and corporate service, registration and licensing department, department of mediation and judicial work, the international department.
The registration and licensing departments deal with company registration of all organizational legal patterns of ownership in Russia and abroad and legal support of business for foreign investors.
Experts in our corporation are the lawyers-experts with great experience of work in social, commercial and industrial spheres of economy in Russia and other countries.
Our corporation has the Council of Experts, which includes known experts in the field of legislation and economy in Russia and abroad.
